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5 Tips for Writing a Basic (and Un-Daunting) Marketing Plan

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5 Tips for Writing a Basic (and Un-Daunting) Marketing Plan

Have you ever written a marketing plan for your business? Do you keep putting off the task?

Whether you are launching a new product or promoting your latest offer, a marketing plan is worth taking the time to complete. Why?

As a small business owner, it’s likely that you not only own the task of coming up with a strategic plan, but also the act of executing it (writing email copy, hosting events, etc.). If this is you, then a plan can help you direct your day-to-day activities, guide your approach, and ensure you are making the most of the available resources.

The good news is that a marketing plan needn’t be encyclopedic or overly time consuming to prepare. In fact, in my experience, the simpler the plan, the more effective it can be (bog yourself down in too many details and you’ll quickly lose focus). A simple plan also gives you the flexibility to quickly adjust your tactics if you need to.

Here are five tips for developing a basic marketing plan that can be applied to discrete activities such as a product launch or promotional campaigns.

1. Build a Precise Picture of Your Ideal Customer

Identifying your target market is the first step of any marketing plan and it’s essential that you are as precise as possible. If not, you run the risk of a scatter-gun approach that will dilute your message and drain your budget. Instead, think about your target market in terms of specifics – who in your current customer base is the right fit for your product or service? What have they purchased from you before? Do their purchasing patterns suggest they might be a good target? Are they the kind of customer you even enjoy doing business with? What about reaching new customers outside your customer base?

Again, be specific. Stating that you want to increase brand awareness about your business/product isn’t really specific enough. Think about what actions you want them to take after they are made aware of your campaign or promotional activity. Do you want them to register for an event, take advantage of a special offer, upgrade an existing product, invest in training, or request a quote? There may be multiple actions that you want them to take. For example, a webinar could be positioned as a free training opportunity and your initial action goal would be to get your target market to register for the event. However, once the event is over, you may then want to circle back with attendees and see if they are interested in receiving more information (such as a one-on-one product demo or quote for a product or service).

These actions will drive your messaging and delivery methods.

3. How Can You Reach your Targets?

Now that you know who you want to reach and what actions you want them to take, you’ll need to identify the best ways to reach them and with what message. To do this, consider the following about your customers and prospects:

What associations do they belong to?

Are they active on social media?

Do they subscribe to your email marketing?

What print or online media do they read?

What are their pain points (how can you help address these)?

What types of messages or call to actions have they responded to in the past?

Why should they care about what you have to offer (what’s in it for them / in what ways will they benefit)?

Your tactics are the actions you need to take to help you reach your target market and accomplish your goals. These include specifics such as direct mail, email marketing, print/radio/online advertising, blogs, social media, case studies, webinars, events, sponsorships and so on.

Never rely on one tactic alone. An integrated approach that delivers a consistent message across multiple, targeted platforms is the best way to ensure you reach your target market and get the most out of your budget. Refer back to who it is you are trying to reach, where they are, and what you want them to do.

Above all, be flexible. Track results and adjust your tactics and messaging as you go. I’ve seen many campaigns start out with one message and close out with a completely different one. Try out new email subject lines, test social media messages, and keep a close eye on what works and what doesn’t.

About the Author:

Caron Beesley is a small business owner, a writer, and marketing communications consultant. Caron works with the SBA.gov team to promote essential government resources that help entrepreneurs and small business owners start-up, grow and succeed. Follow Caron on Twitter: @caronbeesley

Comments:

FaaastCash | 9/9/2013 - 2:33 am

Great post to make un daunting task easier with the tips. It is evident that marketing plan requires target & tactics to handle pressure in harsh times. If the plan has all point then capturing market wouldn't be hard enough.

onapthanh | 5/5/2013 - 2:54 pm

I like to enjoy reading this post, here you share valuable information.
Specially the point 4 is awesome. I'm looking forward more to come like this. I thought that with marketing strategies like this, I would hope to be applied effectively for technology products coming to market. Thank you for article and see what you will look forward to sharing more new strategies for. This post was edited to remove a link. Please review our Community Best Practices for more information about how best to participate in our online discussions. Thank you.

mu.weezlabs | 4/9/2013 - 12:45 pm

I really enjoyed reading this post, You really share valuable information. Specially the point 4 is awesome. I'm looking forward more to come like this.

ngockiem57 | 4/9/2013 - 4:13 am

A marketing plan for small business is useful

hhus54 | 4/9/2013 - 2:09 am

Thanks immensely for this informative article. Good points to focus on as I am just starting out. Planning my tactics will definitely help me define and narrow down my efforts as I target my customers.

ngoclinhav | 4/8/2013 - 11:44 pm

With marketing strategies like this, I would hope to be applied effectively for technology products coming to market. Thanks article and see what you will look forward to sharing more new strategies for everyone

skruggsy | 4/8/2013 - 12:24 pm

Thanks for the article. I am launching a new on-line banjo course and your tips help me stay focused.

RobbieSookram | 4/7/2013 - 11:45 am

Work Out Your Budget is the best point you mentioned in this article. right on the dot.And to my understand the most difficult part. Rest of the information useful too. Thanks for the tips.

lookboard | 4/7/2013 - 4:11 am

thanks for informative article. I don't know how to write simple. but these tips are not simple at all!